Job Description

Investment Operations Associate - Hedge Fund

Join to apply for the Investment Operations Associate - Hedge Fund role at WhiteCap Search

Investment Operations Associate - Hedge Fund

Join to apply for the Investment Operations Associate - Hedge Fund role at WhiteCap Search

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This range is provided by WhiteCap Search. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.

Base pay range

$105,000.00/yr - $140,000.00/yr

A global hedge fund is seeking an Investment Operations Associate in Chicago, Illinois, with a focus on trade settlements. In this role, you will be responsible for supporting trade settlement processes, reconciling transactions, and ensuring operational accuracy across multiple asset classes. This is a hybrid position, requiring four days per week in the office. The firm offers free breakfast and lunch daily, and many teams participate in Thursday happy hours. The culture is highly collaborative, and the company is known for its low turnover and strong employee satisfaction.

Job Function

• Process financial transactions, including DTC, private placements, and cash settlements.
• Monitor daily settlement activities and ensure deadlines are met.
• Investigate and resolve settlement discrepancies; escalate when necessary.
• Track and verify corporate actions and upcoming events.
• Improve procedures to enhance efficiency and reduce risk.
• Collaborate with internal teams to streamline settlement processes.
• Coordinate with custodians and brokers to resolve trade issues.

Job Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• 3 - 10 years of experience in settlements, with a strong understanding of private placements.
• Proficiency in Microsoft Office applications.
• Working knowledge of Aladdin, Bloomberg, and DTCC (CTM and Alert) is a plus.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

37462

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

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